GBTC News

GBTC is the stock ticker of the Bitcoin Investment Trust (BIT) company, which has become the first public Bitcoin fund. GBTC's price directly depends on the increase in demand for GBTC, which — for its part — might be affected by BTC's price. That actually happened when BIT was launched and the BTC price increased 20 percent. The first official announcement about the appearance of BIT was made in 2015. Fund BIT was founded in 2013 by founder and CEO of Digital Currency Group, Barry Silbert. BIT has become the first fund that trades Bitcoin in a public exchange and has obtained the necessary agreements from regulatory organs and received the official Bitcoin Investment Trust GBTC ticker. GBTC of Bitcoin Investment Trust is an important step on the way to the massive acceptance of cryptocurrency.

News

GBTC ‘Drop Gold’ Campaign Perfectly Called Gold Price Bottom

AUG 26, 2019
by William Suberg

The precious metal has gained 27.5% since Grayscale rebranded its website urging investors to dump gold for Bitcoin.

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News

Grayscale to Launch Pro-Bitcoin Ads ‘Drop Gold’ on Social Media, Linear TV

MAY 01, 2019
by Helen Partz

American digital asset manager Grayscale Investments introduced its pro-bitcoin advertising initiative “Drop Gold.”

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Analysis

Wall Street Buzz: Merrill Lynch Bans Bitcoin For Its Clients

JAN 04, 2018
by Darryn Pollock

Merrill Lynch concerned over Bitcoin’s “suitability and eligibility” in its ban for advisors

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Adoption

No Bitcoin For The People Yet As GBTC Withdraws SEC Application

SEP 28, 2017
by Jon Buck

Simple Bitcoin investments have to wait as NYSE trading application withdrawn.

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Bitcoin Owes Success to Three Different Waves of Innovators

SEP 11, 2017
by David Dinkins

Cryptocurrency owes its present success to its multidisciplinary nature. Here’s who we have to thank.

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Altcoins Use Bitcoin Ecosystem to Leapfrog Forward, Grow Faster

SEP 11, 2017
by David Dinkins

Bitcoin maintains lead over the competition, but altcoins have one significant advantage.

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Bitcoin Price at $10,000 For GBTC Shares, Trading at 120 Percent Premium

AUG 31, 2017
by Jon Buck

The Bitcoin Investment Trust (GBTC) is currently trading at $927 per share. It represents a price of $10,000 per Bitcoin, almost 120 percent premium on the curr...

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Why Bitcoin Continues to be on The Top of Its Game

AUG 24, 2017
by Lisa Froelings

Despite a few scaling issues with Bitcoin, it is still considered as one of the leading and easily recognizable cryptocurrencies today as investors are having m...

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Bitcoin is Trading at Extreme Premium in Stock Market

JUL 28, 2017
by Joseph Young

The demand toward Bitcoin is also increasing at a rapid rate in the public stock markets. Some ETFs and instruments including Bitcoin Investment Trust are being...

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Rothschild Inv. Corp Invests in BTC Per SEC

JUL 23, 2017
by Jon Buck

Rothschild Investment Corp. Buys into BTC Per SEC.

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Investor Frenzy: GBTC Sees Trades At 80 Percent Above Bitcoin Spot Price

MAY 12, 2017
by William Suberg

Investor demand for Bitcoin is at a clear peak as Barry Silbert’s GBTC shares trade at 80% above spot price.

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First ETF to Invest in Bitcoin ‘Impressed’ by Price Stability

SEP 18, 2015
by Erin Lace

This week ARK Investment became the first ETF to invest in Bitcoin, purchasing publicly traded shares of Grayscale's Bitcoin Investment Trust (GBTC), which are ...

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UK's 1st Bitcoin Company IPO on Track Amid ‘Supportive Environment’

JUL 20, 2015
by Allen Scott

Cointelegraph reached out to Coinsilium to get some more details on its milestone IPO.

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Investment Firm Wedbush Predicts $400 Bitcoin by 2016; Advises to Buy GBTC

JUL 15, 2015
by Aaron van Wirdum

LA-based financial services and investment firm Wedbush Securities released a report in which it predicts that bitcoin will trade for US$400 by next year.

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MAY 5 DIGEST: GBTC Begins Trading on Public Markets, Credit Card Sized Bitcoin Wallet Launches at TechCrunch Disrupt NY

MAY 05, 2015
by Aaron van Wirdum

The publicly traded shares of the Bitcoin Investment Trust have officially started trading on the public markets, Bitcoin startup Case has launched its Bitcoin ...

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